Technical Analysis

We reiterate our BUY rating on this point for the investors who missed the opportunity previously. There is a strong support zone between $2.90 to $2.80. If this is broken the stock will move towards $2.50, which we see as unlikely. We see this support zo

A2 Milk’s share dented further after the trading halt and 18th December market update by the company following the negative news the stock plummeted to $10.46. Around 17th August the stock resumed a downtrend journey when it was at its peak at $21.74.

The LYC Chart shows that primary support has now shifted up to $2.30 from $2.10 since our last update. The key support at $2.55 is crucial and could hold in case of any negative movement.

TLS stock have been on the decline since 13thJuly 2020from its peak of $3.54 to $2.72 on October 23rd. We see that the stock is sitting at the point of inflection.

After our initiation of report on Argosy In July 2020 at $1.18 the stock is up 22% and now trading at $1.44 mark. On October 13th the stock touched $1.49 peak to retrace back to $1.41 showing the resistance at this level holds.

The stock is trading below its NTA of $7.31. Since our last report on BOQ in May at $4.85 the stock is up 42% as of the last trading session where the stock last traded at $6.91.

The KPG chart is moving sideways ranging between $1.00 to $1.08. With the recent announcements on reinstatement of dividends, increase in foot traffic and significant discount to the NTA value at $1.26 the stock looks attractive at the current price of $1

A2’s share price has been on a decline since 17th August when it was at its peak at $21.74. The news of key shareholders selling major chunks spearheaded the downfall and recently the stock touched $15.00 mark.

AIA shares have been climbing higher recently, as investors somewhat overlook near-term uncertainty in favour of a long-term recovery. AIA released a weak 2020 result which was expected, however due to the supportive nature of domestic travel in recent mo